Investor Alert: Lomiko Metals – Metals for the New Green Economy
The green economy expects to see exponential growth
Lomiko Metals Inc. is a Canada-based, exploration-stage company. The company is engaged in the acquisition, exploration, and development of resource properties that contain minerals for the new green economy. This green economy will see exponential growth driven in part by the electric vehicle revolution. In fact, by 2040, EV sales are expected to be 58 percent of global auto sales.
La Loutre Graphite Property
Lomiko owns 100% owned La Loutre Graphite Property as well as 20% of Promethieus Technologies Inc.
The La Loutre Property consists of 1 large contiguous block of 42 mineral claims totaling 2,508.97 hectares. Further, it is located approximately 117 km northwest of Montréal and 53 km east of the Imerys Carbon and Graphite’ Lac des Iles mine. La Loutre was also originally explored for base and precious metals by Soquem in 1989. Based on the results of a helicopter-borne electromagnetic (EM) survey, prospecting and reconnaissance geological mapping, their work identified several zones of parallel conductors. Moreover, each measured as much as 2 kilometers long. Ground exploration followed in 1990, and according to historical reports by Levesque and Marchand, graphite is present in different lithologies on the property.
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